What does Gatsby teach us about modern America?

A new film adaptation of The Great Gatsby, starring Leonardo DiCaprio, begins shooting in Australia in the coming weeks. As the US struggles with a sense of its own decline, is this story of thwarted ambition the perfect tale for modern America?

Eighty-six years after being published, The Great Gatsby is undergoing a revival.

Hollywood stars Leonardo DiCaprio and Carey Mulligan are preparing to fill the shoes - brogues and high heels, no doubt - of Jay Gatsby and Daisy Buchanan, in a new adaptation directed by Baz Luhrmann. Filming is due to start in late August or early September, with a 2012 cinema release.

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